I'm new to cryptocurrencies as well. Here's my newbie thought: There are two metrics of value. 1. in dollars / how much "stuff" you can buy with it. 2. Measure Number of Cryptocurrency Users (instead dollars). The value in belonging to a society that adopts crypto for exchange compared to fiat or gold. Our quality of life would improve dramatically using a non-taxable currency in a number of ways. The number of people who use crypto tells us how close we are to that society regardless of dollar amount.
I would love feedback on those thoughts from a veteran who knows their shit more than me.
right now we compare bitcoin to dollar because dollar is the main currency. it gives us a frame of reference just like when you go abroad and try to buy stuff in a mexican market but you have to convert it in your mind to dollars to see if it is too expensive or good to buy. this will no longer happen when we are used to and acclimated to using btc and other cryptos... and eventually we wont have to because the dollar will be really worthless.